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Harbin Electric to Hold 2007 Annual Shareholder's Meeting

2007-10-26 17:08 1524


HARBIN, China, Oct. 26 /Xinhua-PRNewswire-FirstCall/ -- Harbin Electric, Inc. ("Harbin Electric" or "the Company", Nasdaq: HRBN), a technology-oriented market leader in product development and integrated production tailored to customer applications in linear motors, motor/controller automation systems, specialty micro-motors for automobile interior applications and other specialty micro-motors, will hold its annual meeting of shareholders at 8:30 AM on November 15, 2007 Beijing Time at the headquarters of the Company at the following address:

No. 9 Ha Ping Xi Lu, Ha Ping Lu Ji Zhong Qu

Harbin Kai Fa Qu

Harbin, 150060

People’s Republic of China

Shareholders of record at the close of business on October 11, 2007 are entitled to attend Harbin Electric’s Annual Meeting and vote their shares. For more information or to register, please contact Amy Shi at Harbin Electric via email, syj@tech-full.com or phone, 0086-451-8611-6787.

About Harbin Electric, Inc.

Harbin Electric, headquartered in Harbin, China, is the market leader in linear motors, motor/controller automation systems, specialty micro-motors for automobile interior applications, and other specialty micro-motors and is the first and currently the only Chinese company to provide product development and integrated production tailored to customer applications. The Company is highly technology-oriented with a focus on innovation, creativity, and value-added products and is environmentally conscious and socially responsible. It provides its customers with energy efficient products and its employees with friendly working and living conditions, competitive compensation, and reasonable work schedules. One of the Company’s greatest assets is its strong R&D capability achieved by recruiting talent worldwide and through collaboration with top scientific institutions. Its ISO certified manufacturing facility is equipped with state-of-the-art production lines and quality control systems to ensure product quality. Driven by advantages in closer customer relationships, better understanding of local markets and customer needs, and lower production cost, the Company is able to outperform its competition, which is mainly foreign, and has steadily improved its competitive position in the domestic linear motor market. With fast economic growth in China and favorable government policies, Harbin Electric has formulated and is in execution of a multi-faceted growth strategy to expand the business into the linear motor systems for urban mass transportation and rotary motors with a clear focus on providing high-end, energy efficient products. To learn more about Harbin Electric, visit http://www.harbinelectric.com .

For investor and media inquiries, please contact:

Harbin Electric, Inc.

Barry L. Raeburn

Tel: +1-215-854-8104

Email: info@HarbinElectric.com

cQuest, a Christensen Affiliate

Christy Shue

Tel: +1-917-576-2209

Email: cshue@ChristensenIR.com

Source: Harbin Electric Inc.
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